Willis says large commercial property insurance rates drop 14.5% in Q2 2026 amid intensifying competition

• Willis Towers Watson flagged a sharp easing in North American commercial property pricing in its fall 2026 market conditions report.
• Large, complex property rates fell 14.5% on average in Q2 2026, versus an 8.4% decline a year earlier.
• Shared, layered programs using five or more carriers recorded a 23.41% average decline, up from 14.57% in Q2 2025.
• Pricing has shifted away from the 2018–2024 hard market toward levels last seen in 2019 as insurer competition intensified.
• Casualty remained pressured by nuclear verdicts; excess casualty increases showed early signs of peaking as new capacity entered.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Willis Towers Watson plc published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202610011048PRIMZONEFULLFEED9837964) on October 01, 2026, and is solely responsible for the information contained therein.